M/S Lord Shiva Construction Company ... vs State Of Haryana And Others on 10 July, 2013
The Supreme Court in Union of India Vs Raman Iron
Foundry's case (supra), thus, held that the claim for liquidated or
unliquidated damages would, thus, stand on the same footing with the
condition that in case of the stipulated amount it has the outer limit of
the damages. The right of a party aggrieved by breach of contract is to
sue for damages and the claim for damages does not become a debt
until adjudication. There has to be, thus, an adjudication by a judicial
forum or by arbitration.